43 U.S.C. § 618b — Reduction of payments and transfers where revenue is insufficient

in plain englishAI-generated · not legal advice

If, by reason of any act of God, or of the public enemy, or any major catastrophe, or any other unforeseen and unavoidable cause, the revenues, for any year of operation, after making provision for costs of operation, maintenance, and the amount to be set aside for said year for replacements, should be insufficient to make the payments to the States of Arizona and Nevada and the transfers to the Colorado River Development Fund in this subchapter provided for, such payments and transfers shall be proportionately reduced, as the Secretary may find to be necessary by reason thereof.

If, by reason of any act of God, or of the public enemy, or any major catastrophe, or any other unforeseen and unavoidable cause, the revenues, for any year of operation, after making provision for costs of operation, maintenance, and the amount to be set aside for that year for replacements, should be insufficient to make the payments to the States of Arizona and Nevada and the transfers to the Colorado River Development Fund in this subchapter provided for, such payments and transfers must be proportionately reduced, as the Secretary may find to be necessary by reason thereof.

the actual law source: uscode.house.gov ↗public domain

If, by reason of any act of God, or of the public enemy, or any major catastrophe, or any other unforeseen and unavoidable cause, the revenues, for any year of operation, after making provision for costs of operation, maintenance, and the amount to be set aside for said year for replacements, should be insufficient to make the payments to the States of Arizona and Nevada and the transfers to the Colorado River Development Fund in this subchapter provided for, such payments and transfers shall be proportionately reduced, as the Secretary may find to be necessary by reason thereof.

Source credit: (July 19, 1940, ch. 643, § 3, 54 Stat. 776.)

history & why it existsrecord from the source credit

1940Enacted · Act of July 19, 1940, ch. 643 · 54 Stat. 776

A history note hasn’t been published yet. The record shows enactment by ch. 643 on 1940-07-19.